The closest alternatives to Open Finance are Razorpay. Open Finance generates $75.9M in revenue with 458 employees. Every one of the 20 alternatives below is compared with Open Finance on revenue, funding, customers, team size and founding year.
Open Finance is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  Open FinanceThis company |  Razorpay |  KiotViet |  Current |  KOHO |  Thought Machine | Thought Machine |  DriveWealth | Thought Machine | Thought Machine |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.9M | $450M | $76M | $75.6M | $75.1M | $75M | $75M | $75M | $75M | $75M |
| Valuation | $1B | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $190.7M | $829.2M | Not disclosed | $621M | Not disclosed | $150M | $150M | Not disclosed | $150M | $150M |
| Customers | Not disclosed | 450K | 150K | Not disclosed | Not disclosed | 68 | 68 | Not disclosed | 68 | 68 |
| Team size | 458 | 5K | 570 | 378 | 409 | 530 | 530 | 346 | 530 | 530 |
| Founded | 2017 | 2014 | 2014 | 2015 | 2014 | 2014 | 2014 | 2012 | 2014 | 2014 |
| HQ | Bengaluru, India | India | Vietnam | United States | Canada | United Kingdom | United Kingdom | United States | United Kingdom | United Kingdom |
India · Banking as a Service (BaaS) Software
Razorpay is a leading Indian fintech company, founded in 2014 by Harshil Mathur and Shashank Kumar, offering a full-stack payments and business banking platform. Originally launched as a startup-focused payment gateway…
Vietnam · Banking as a Service (BaaS) Software
Developer of a software suite intended to provide inventory and cash flow management solutions, marketing and management solutions. The company's technology is cloud based point of sale system to serve businesses and…
United States · Banking as a Service (BaaS) Software
Current (Finco Services, Inc.) is an American financial services and software development company (FinTech) based in New York City. It is a leading consumer fintech platform transforming financial access for everyday…
Canada · Banking as a Service (BaaS) Software
KOHO Financial Inc. is a Canadian fintech company that provides an application-based banking platform to simplify financial products and enhance money management for Canadians.
United Kingdom · Banking as a Service (BaaS) Software
Developer of a cloud-based core banking platform intended to bring machine learning and big data together to develop a next-generation operating system for banks. The company's cloud-based technology platform provides…
Thought Machine revenue & fundingOpen Finance vs Thought Machine
United Kingdom · Banking as a Service (BaaS) Software
Developer of a cloud-based core banking platform intended to bring machine learning and big data together to develop a next-generation operating system for banks. The company's cloud-based technology platform provides…
Thought Machine revenue & fundingOpen Finance vs Thought Machine
United States · Banking as a Service (BaaS) Software
Providing brokerage as a service, with an end-to-end embedded investing solution reinventing brokerage
United Kingdom · Banking as a Service (BaaS) Software
Developer of a cloud-based core banking platform intended to bring machine learning and big data together to develop a next-generation operating system for banks. The company's cloud-based technology platform provides…
Thought Machine revenue & fundingOpen Finance vs Thought Machine
United Kingdom · Banking as a Service (BaaS) Software
Developer of a cloud-based core banking platform intended to bring machine learning and big data together to develop a next-generation operating system for banks. The company's cloud-based technology platform provides…
Thought Machine revenue & fundingOpen Finance vs Thought Machine
Poland · Banking as a Service (BaaS) Software
Spyrosoft brings clients ideas to life by recognising their problems and formulating effective and thorough solutions for the automotive, geospatial, industry 4.0, employee education and financial sectors.
Canada · Banking as a Service (BaaS) Software
Developer of financial software designed to help auditors, accountants and other finance professionals to perform data analysis, improve audits and identify control breakdowns. The company's software automates the…
United States · Banking as a Service (BaaS) Software
Specializing in business technology solutions, including the entire suite of Microsoft Dynamics and other Microsoft business applications
Stoneridge Software revenue & fundingOpen Finance vs Stoneridge Software
Dominican Republic · Banking as a Service (BaaS) Software
Advensus serves companies that operate in multiple industries, such as retail, e-commerce, fintech, healthcare, logistics, cable/streaming services, and travel. It offers inbound, interpretation, and social CRM services.
India · Banking as a Service (BaaS) Software
Yubi is redefining global debt markets, creating a ubiquitous, transparent, and trusted finance solution that unlocks human potential with credit. It operates a fully integrated digital platform helping to discover…
France · Banking as a Service (BaaS) Software
Nextlane is the leading automotive business ecosystem in Europe, secure, open and smart. We provide cutting-edge software solutions that empower dealers and manufacturers to drive business growth and elevate the…
Indonesia · Banking as a Service (BaaS) Software
Majoo is an Indonesian business software-as-a-service provider.
Brazil · Banking as a Service (BaaS) Software
Superlogica is a B2B SaaS company that provides a comprehensive software platform for property management, including rental and condominium management, financial management, and communication tools.
Superlogica Tecnologias Ltda. revenue & fundingOpen Finance vs Superlogica Tecnologias Ltda.
Chile · Banking as a Service (BaaS) Software
Colektia is a fintech company that provides a digital platform for debt collection, primarily targeting financial institutions in Latin America. It specializes in debt recovery solutions using artificial intelligence…
Open Finance ranks #6 of 134 Banking as a Service (BaaS) Software companies by annual revenue, putting it in the top 4% of the market.
| Date | Round | Amount | Valuation |
|---|---|---|---|
| May 2022 | Series D | $50M | $1B |
| Sep 2021 | Series C | $100M | $500M |
| Jun 2021 | Debt Financing | $3.3M | Not disclosed |
| Jun 2019 | Series B | $30M | Not disclosed |
| Feb 2019 | Series A | $5M | Not disclosed |
| May 2018 | Seed | $2M | Not disclosed |
| Dec 2017 | Pre-Seed | $150K | Not disclosed |
| Jul 2017 | Angel | $250K | Not disclosed |
The closest alternatives to Open Finance are Razorpay. This page compares each of them with Open Finance on revenue, funding, customers and team size.
Razorpay is the closest alternative to Open Finance, generating $450M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives above before choosing.
Open Finance generates $75.9M in revenue.
Open Finance has raised $190.7M in funding.
No. Razorpay generates $450M in revenue versus $75.9M at Open Finance.
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